Widely followed crypto analyst and trader Bluntz projects that Ethereum (ETH) is gearing up for a massive burst in an upside momentum, which could initiate the next major bull run in the market.
But it’s not the only crypto to spark attention, as Pullix (PLX), the world’s first hybrid DeFi platform that negates the needs for KYC requirements and will feature a range of assets and derivatives, including cryptocurrencies, is poised to grow by 100x at launch. Today, we will go over both of these projects to see which crypto to buy today for long-term
What you'll learn 👉
Ethereum (ETH) to Reach $3,332.19 in Early 2024
Ethereum (ETH) recently broke past the $2,000 price barrier and saw a significant level of attention from investors and traders. This price increase was sharp and persisted in extending the gains inside the rising parallel channel.
As a result, Ethereum showcases promising performance and has energized the gains for the past sessions. It displayed a weekly price upswing from $2,185 to $2,384 and a total upswing of 76% during the past year.
The price action for the Ethereum crypto displayed a rising parallel channel and retained the bullish trajectory, capturing the attention of analysts. The analyst, pseudonymously known as Bluntz, told his followers that ETH has well and truly broken out of a year-and-a-half range now, with more price pumps expected in the future. According to the Ethereum price prediction, it can reach $3,332.19 in early 2024.
Pullix (PLX) to Introduce AI Tools and a Copy Trader Infrastructure
Pullix (PLX) is a pioneering platform that will set new standards in the Web3 space by solving key issues found in CEXs and DEXs, such as high fees, slow transaction time, and lack of security and transparency.
Its unique blend of features will make it the first community-backed exchange that will feature seamless integration of blockchain technology with an immutable, transparent trading experience.
The PLX crypto is used to pay trading fees, and holders can get rewards or engage in other platform-exclusive incentives.
Holders of the native cryptocurrency can also participate in the staking process and benefit from the platform’s growth by getting a fixed monthly passive income.
The Pullix exchange will also feature a deflationary model, where half of the PLX token will be burned to reduce the supply and increase its value over time, while the other half will be given as a reward for ecosystem participants that contribute towards the liquidity of the ecosystem.
Anyone will be able to trade a range of assets and derivatives, including cryptocurrencies, from a single account. Traders will be able to use crypto as collateral to trade a range of OTC derivatives as well, without any KYC requirements. All of these aspects make it the top crypto to invest in.
Summary
Ethereum could surge in value, but it will take some time for it to get there. In the meantime, many are turning their attention to Pullix due to its innovative approach and massive token utility.
With its implementation of community-driven trading incentives and implementation of automated solutions such as AI trading tools, it has risen in popularity. During Stage 2 of the presale, the PLX crypto trades at $0.042. As the crypto ICO progresses, its value will increase, and at launch, it can surge by 100x.
For more information regarding Pullix’s presale see links below:
Visit Pullix | Join The Pullix Communities
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.
